Yachts eligible for registration under the Seychelles flag must be wholly owned by:
A Seychelles citizen or A Seychelles body corporate, either an International Business Company or a Seychelles Domestic Company
The present Classification Societies recognised and authorised by the Seychelles Ship Registrar are as follows:
A certificate signed by the builder of the ship and containing :
It is recommended that a Seychelles International Business Company (IBC) be used, as there are no annual reporting requirements and confidentiality of directors, shareholders and beneficial owners is guaranteed. This IBC will need to be kept in good standing (ie annual fees paid) in order for the yacht registration to remain valid.